Deck has already had a nice pivot from the low and earnings are next week. After a quick analysis it looks like a buy to me. The stock has a strong history of revenue growth and decent operating cash flows. The balance sheet is very healthy as well. Deckers owns Hoka, Ugg, Teva and more popular brands. For a retail company, a 20% net margin is huge, this hows they have pricing power, and a brand moat. Net income has grown at a CAGR of 42% since 2017 which is insane.
My target is 234
My target is 234
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.